Apple Invests $30B in U.S.-Made Chips, Partners with Broadcom

AAPL has committed more than $30 billion to AVGO under an expanded, multiyear agreement to design and manufacture custom silicon and next-generation wireless connectivity components for future Apple devices . Broadcom disclosed the terms in a Form 8-K filed with the Securities and Exchange Commission on July 6, 2026, extending the companies' custom-chip partnership through 2031 .

The agreement is framed as the largest single commitment yet under Apple's American Manufacturing Program, an initiative launched in 2025 to expand domestic production across its supplier base. U.S. facilities are expected to produce more than 15 billion chips under the deal, supporting hundreds of American manufacturing jobs . As part of the buildout, Broadcom will invest $1.5 billion to expand and modernize its Fort Collins, Colorado plant, which will produce advanced radio frequency components, including FBAR filters, and wireless connectivity technology for Apple products . The commitment also fits within Apple's broader pledge to direct $600 billion into the U.S. economy over four years.

The announcement returns a meaningful share of iPhone-related chip manufacturing to U.S. soil, a politically salient move as Washington continues to push technology supply chains onshore. For Broadcom, the extended tie-up locks in a multiyear revenue stream from one of its largest customers and reinforces its position as a critical ASIC supplier alongside its AI accelerator business.

The deepened relationship also raises Apple's dependency on a single silicon partner for custom components, a concentration risk if Broadcom's Fort Collins ramp slips or capacity tightens elsewhere in its supply chain. Investors will be watching execution against the 2031 timeline, the pace of the Fort Collins expansion, and whether the deal meaningfully changes Broadcom's revenue mix as the partnership scales.

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